Property
Ayala, Yuchengco projects get boost from lifted IT ban
At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.
Big developers prioritize malls as retail thrives
The Philippines’ biggest property developers are placing greater emphasis on malls as retail continues to outperform other real estate segments, supported by resilient consumer spending and the appeal of stable recurring rental income.
SM Prime lines up over 20 events at New SM Seaside Cebu Arena
SM Prime Holdings Inc. announced on Thursday that its newly opened SM Seaside Cebu Arena will host more than 20 shows this year, as the property developer seeks to tap into the growing demand for live events in the Visayas region.
Havitas moves into wellness real eatate
Boutique developer Havitas Properties Inc. has entered the fast-growing wellness real estate sector, and unveiled the second phase of its Aya Hills resort villa community in Talisay, Batangas, overlooking Taal Lake.
Manila emerges as world’s second prime housing market
Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.
